Countries With the Most Debt

A country’s external debt refers to money owed by a country to foreign countries, institutions or individuals who are outside its borders.A country’s external debt refers to money owed by a country to foreign countries, institutions or individuals who are outside its borders. Such debt can be settled through cash repayment, as well as through imports or other acceptable means. Ordinarily, the loans and the interest are paid in the currency the loan was made. A debt crisis may be experienced if a country having a weak economy is unable to its debt. According to the CIA World Factbook, these are the most indebted countries in the world… graphicmaps.com